Latest Cobar Basin News

Australian Gold and Copper Ltd has announced a significant milestone with an initial Mineral Resource Estimate of 38.5 million ounces silver equivalent at its Achilles project, alongside a strategic expansion of its South Cobar footprint through the Browns Reef acquisition.

Manuka Resources has released an updated 10-year Pre-Feasibility Study for its Cobar Basin projects, revealing a substantial uplift in project economics and a clear path to production by mid-2026.

Aurelia Metals announces Managing Director Bryan Quinn will resign by July 2026, with a leadership search underway amid key project developments.

Regener8 Resources has completed its first phase of Ultrafine™ soil sampling at the North Achilles project in NSW, revealing promising precious and base metal anomalies along major fault zones. The company is planning further sampling and geophysical surveys to advance towards drilling.

Peel Mining Limited has successfully raised $21.25 million to fund accelerated exploration, reporting significant gold intercepts at its Nombinnie Prospect and initiating a major drilling campaign at the Southern Nights Complex.

Peel Mining has initiated a 9-hole drilling program at its Southern Nights Complex in NSW, targeting expansion of its significant silver-rich polymetallic resource. The campaign aims to unlock new high-grade zones and enhance geological insights within the South Cobar Project.

Aurelia Metals has delivered robust metal production and cash flow in Q2 FY26, reaffirming its full-year guidance while advancing key growth projects on schedule.

Mount Hope Mining has completed Phase 1 drilling at its Mt Solitary Gold Project with promising high-grade gold results and has commenced Phase 2 drilling, backed by a $1.23 million capital raise to accelerate exploration along the 7.5km MS2 Gold Corridor.

Polymetals Resources has resumed operations at its Endeavor Mine following a tragic incident, completing first concentrate shipments and securing $34.4 million in new capital to support exploration and ramp-up.

Peel Mining has reported significant new gold assay results from its recent drilling at the Nombinnie prospect in NSW, confirming the site as a promising gold target with both shallow and deeper mineralisation.

Manuka Resources is gearing up to recommence gold and silver production in the Cobar Basin by mid-2026 while awaiting a pivotal regulatory decision on its large-scale iron sands project in New Zealand.

Aeris Resources has received critical development consent from NSW authorities for its Constellation Project, paving the way for near-term production growth. The project boasts a substantial ore reserve with promising copper, gold, and silver grades.